At what time the sum Rs. 5000 will be doubled at the interest
of 10% per annum?
(Ans: 10 years)
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Step-by-step explanation:
It can be done like this;
2P = P(1+RT/100)
normal equation of simple interest amount
since amount is doubled to principal we take A= 2P.
hence;
2= 1 + 0.1T
1 / 0.1 = T
Therefore its 10 years.
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